Central Bank mortgage rules review result due in November

The Central Bank will publish the findings of the first review of its controversial new mortgage lending rules in November, new governor Philip Lane said yesterday.

Professor Lane, who succeeded Patrick Honohan as head of the Central Bank, said earlier this month the rules would be reviewed this summer.

However, it was only yesterday in his first public speech — addressing the Institute of Directors spring lunch at Dublin’s Shelbourne Hotel — he offered more clarity around when the results of the review would be known.